Suryoday SFB Q3 Profit Rises 10% to ₹36.5 Cr, Asset Quality Deteriorates

Earnings
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CNBC TV18•22-01-2026, 19:21
Suryoday SFB Q3 Profit Rises 10% to ₹36.5 Cr, Asset Quality Deteriorates
- •Suryoday Small Finance Bank (SFB) reported a 9.6% year-on-year increase in net profit, reaching ₹36.5 crore for Q3FY26.
- •Net Interest Income (NII) for the bank grew by 3.2% YoY, totaling ₹276.8 crore in Q3FY26.
- •The bank's asset quality saw a decline, with Gross Non-Performing Assets (GNPA) rising to 4.35% from 3.80% in Q2FY26.
- •Net Non-Performing Assets (NNPA) also increased to 6.69% from 5.93% sequentially.
- •Suryoday SFB recently entered the gold loan segment, starting its rollout from Maharashtra.
Why It Matters: Suryoday SFB's Q3FY26 profit grew by 10% driven by higher NII, but asset quality worsened.
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